Adams Homes with Multi Family Subtype

Adams Homes with Multi Family Subtype

Welcome to Adams County, Colorado, where vibrant communities and stunning landscapes come together to create an ideal setting for families, professionals, and investors alike. Nestled just northeast of Denver, Adams County boasts a rich tapestry of culture, outdoor recreation, and economic opportunity. With its diverse neighborhoods, residents enjoy easy access to urban amenities while still being able to retreat to the tranquility of suburban life.

Adams County is known for its commitment to community and quality of life. From the bustling city of Aurora to the charming town of Brighton, each area offers a unique blend of parks, shopping, dining, and entertainment options. The county is also home to several top-notch schools and healthcare facilities, making it an attractive destination for families looking to settle down.

For those interested in real estate, Adams County presents a fantastic opportunity with its multi-family homes. These properties are ideal for both investors seeking rental income and families looking for spacious living arrangements. Multi-family homes in this region often feature modern amenities, ample living space, and convenient locations that offer easy access to public transport and major highways. Whether you’re searching for a duplex, triplex, or larger multi-unit building, Adams County has a variety of options that cater to diverse needs and budgets.

In summary, Adams County is a thriving community that beautifully marries suburban charm with urban convenience. Explore the possibilities of multi-family living in this dynamic area, and discover how it can enhance your lifestyle or investment portfolio.

Newest Adams Homes with Multi Family Subtype

$1,375,000
5006032 MLS
Pinnacle Real Estate Advisors is pleased to present 1677 Geneva Street, a well-maintained 12-unit apartment community located in Aurora, Colorado. Offered at $1,375,000, the property presents an attractive opportunity to acquire a well-positioned multifamily asset with current cash flow and additional upside through continued unit improvements and operational efficiencies. The property features an even mix of (6) one-bedroom and (6) two-bedroom units, with generously sized floor plans and ample storage. The majority of units have been updated with newer flooring, cabinetry, updated bathrooms, and paint, providing a strong foundation for continued value creation. 1677 Geneva Street features a pitched composite-shingle roof, newer vinyl windows, off-street parking, and on-site laundry facilities. Its convenient location provides residents with easy access to Colfax Avenue retail, restaurants, and services, while also offering a short commute to the Anschutz Medical Campus, one of the region’s largest employment centers. Aurora continues to experience significant population and economic growth, supported by expanding employment, infrastructure investment, and demand for attainable housing. With its convenient location, desirable unit mix, existing amenities, and potential for further rental and operational upside, 1677 Geneva Street represents an excellent opportunity for an investor seeking a well-located multifamily asset in one of the Denver metro’s growth markets. • Excellent Aurora Location (One Mile from Stanley Marketplace and One Mile from Anschutz Medical Campus) • Great Unit Mix of (6) One-Bedroom/One-Bath Units & (6) Two-Bedroom/1-Bathroom Apartments • 13 Off-Street Parking Spaces • On-Site Coin-Operated Laundry • Well-Maintained Building with Significant Capital Improvements • Majority of Units Have Already Been Updated

1677 Geneva Street, Aurora

$2,330,000
9993695 MLS Bennett Homes & 460 E Colfax Ave BLDG.
Recent Price Improvement: Opportunity to own multiple income streams in the growing town of Bennett. The 13-unit manufactured home community is turnkey with newer Champion homes (2017 to 2019), park-owned, rented, and included in the sale. Each unit is separately metered for gas and electric. The community is served with city water and sewer, each unit having a sub meter system for individual water utility billing. New water supply, sewer line, electric and gas utilities infrastructure installed on the property prior to new manufactured homes beginning in 2017. The Champion manufactured homes are 1,150 sq ft, 2 bed/2 bath layout, with 2x6 exterior walls, smart siding, 50yr Malarkey Legacy shingles (2021), and a two-car driveway directly in front of each unit. Registered with the Colorado Division of Housing Mobile Home Park Oversight Program (MHPOP) as Bennett Homes, MHP-003371. *Note: All units are park-owned* Develop an additional income stream with 100 ft of high visibility Colfax Ave frontage and commercial mixed-use zoning. Reimagine the approximately 1,200 sq ft 1940’s structure: a convenient location and great visibility for your growing enterprise? Primary uses for the Colfax Ave frontage location are: Retail and convenience store, restaurant, personal and business services, and professional office. Invest in an area with notable population increase since 2020, an average annual growth rate of 8.7% in the Town of Bennett. Convenient location to Denver International Airport, Colorado Air & Space Port, and the adjacent Data, Tech, and Industrial developments at Port Colorado & Rocky Mountain Rail Park. •Bennett Homes: 13-Unit Manufactured Home Community = $2,200,000: Projected first year Cap Rate: 7.27% + (including professional management) •460 E Colfax Avenue = $225,000: Additional Land Value with 100 ft high-visibility frontage, water tap, & 1940's structure. •Total = $2,425,000. **List Price: $2,330,000.

460 E Colfax Avenue, Bennett

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